One-Off Transfer
There are many reasons for making foreign currency payments overseas.
Whether it is for an overseas property purchase, a foreign investment, paying tuition fees or simply topping up a currency account, KBRFX can help.
Combining preferential rates of exchange, with a personalised service and a highly pro-active approach; KBRFX is able to provide a secure, cost- effective alternative to high-street banks when the need to exchange/send currency arises.
Example of Savings
Mr M, from Tonbridge has always been a keen golfer, and upon his retirement; decides to buy a property near one of his favourite courses in the Algarve, which sets him back €465,000 He obtains an exchange rate from his high-street bank, and compares it with KBRFX; to see if there is any potential saving to be had.
| | Santander Bank | KBRFX |
| Exchange Rate |
1.0909 |
1.1200 |
| Transfer Fee |
£ 25.00 |
£ 0.00 |
| Total Cost |
£ 507,293.50
|
£ 520,800
|
| Saving |
|
£ 13,506.50 |
(Exchange rates in this example are as of 21st June 2019)
With the preferential exchange rate offered by KBRFX; combined with the absence of uneccesary commissions and transfer fees applied by his High-Street Bank, Mr M. is able to make a sizeable (just under 3%) saving on his property purchase, preventing over £13,000 of his hard-earned money going to waste.